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EUR/AUD stayed in consolidation in range of 1.6348/6671 last week and outlook is unchanged. Initial bias stays neutral this week first. On the upside, decisive break of 1.6671 will revive the case that whole correction from 1.7062 has completed with three waves down to 1.6127. Further rally should then be seen to 1.6844 resistance for […]

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EUR/USD Weekly Outlook

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22/11/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6041; (P) 1.6127; (R1) 1.6172; More… Intraday bias in EUR/AUD stays on the downside, and fall from 1.6598 is in progress for 1.5996/6002 key support zone. Decisive break there will carry larger bearish implications. On the upside, above 1.6161 support turned resistance will turn intraday bias neutral first. But, risk will stay […]
23/10/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 150.66; (P) 150.93; (R1) 151.36; More… USD/JPY accelerates to as high as 153.18 so far and intraday bias stays on the upside. Decisive break of 61.8% retracement of 161.94 to 139.57 at 153.39 will pave the way to retest 161.94 high. On the downside, below 151.18 minor support will turn intraday bias […]
19/06/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8809; (P) 0.8860; (R1) 0.8892; More…. USD/CHF decline is still in progress and intraday bias remains neutral. Rise from 0.8332 could have completed at 0.9223, ahead of 0.9243 key resistance. Further fall would be seen to 61.8% retracement of 0.8332 to 0.9223 at 0.8672 next. On the upside, above 0.8880 will turn […]